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Ambiq Micro, Inc.

AMBQ·NYSE

$82.80

+7.0%
TechnologySemiconductors

Ambiq Micro, Inc. develops ultra-low-power integrated circuits for power-sensitive applications. It develops subthreshold power-optimized technology based on ultra-low-power real-time clock and microcontroller products for application in wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) products. The company's flagship products include Apollo, a system on a chip for edge AI devices with host processors capable of software-based AI computations and Atomiq, targeting AI applications to provide AI acceleration along with new memory innovations. The company also offers technical support services. It offers products through sales representatives. Ambiq Micro, Inc. was formerly known as Cubiq Microchip, Inc. and changed its name to Ambiq Micro, Inc. in October 2012. The company was incorporated in 2010 and is based in Austin, Texas with additional offices in Shanghai and Shenzhen, China; Hsinchu, Taiwan; and Singapore.

At a Glance

Live Snapshot
Market Cap$1.77B
EPS-4.5700
P/E Ratio-18.12
Earnings Date07/20/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -18.1).

Valuation inputs: P/E -18.1, earnings yield N/A, momentum +7.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -22.4%, ROIC -24.8%).

Profitability stack: net margin -50.3%, ROE -22.4%, ROIC -24.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +12.0%, momentum +7.0%, net margin -50.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Ambiq Micro, Inc. Market vs Earnings Trajectory

AMBQ · NYSE

Loading price and EPS data...

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Ambiq Micro, Inc. Fair Value Envelope

AMBQ · NYSE

Our analysis suggests that AMBQ has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $82.8, this represents a potential HIDDEN relative to our calculated worth for Ambiq Micro, Inc..

Intrinsic Value
Current Price: $82.8
3Y+4470.0%
5Y+147.0%
10Y+147.0%
3Y-20.0%
5Y+42.0%
10Y+42.0%
3Y+44.0%
5Y+45.0%
10Y+45.0%
3Y-63.0%
5Y-43.0%
10Y-43.0%
3Y-63.0%
5Y-46.0%
10Y-46.0%
3Y+76.0%
5Y+85.0%
10Y+85.0%
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Ambiq Micro, Inc. Profit Bridge

AMBQ · NYSE
Revenue72.51M
Cost of Goods Sold (46.82M)
Gross Profit25.70M
Operating Expenses (98.80K)
Operating Income-41.14M
Interest Expense (0.00)
Other Income/Expense4.72M
Pretax Income-36.42M
Income Tax (40.00K)
Net Income-36.46M
Net Income
-36.46M

Profitability Analysis

Gross Margin

35.4%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-56.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-50.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

35.43%
Gross Profit Margin
11%
3Y+5.0%
5Y-16.0%
10Y-16.0%
-56.74%
Operating Profit Margin
6%
3Y+106.0%
5Y+43.0%
10Y+43.0%
-50.28%
Net Profit Margin
-4%
3Y+81.0%
5Y+2.0%
10Y+2.0%
-22.44%
Return on Equity
-51%
3Y-21.0%
5Y-18.0%
10Y-18.0%
-19.74%
Return on Assets
-48%
3Y-18.0%
5Y-22.0%
10Y-22.0%
-24.80%
Return on Invested Capital
-43%
3Y-11.0%
5Y+15.0%
10Y+15.0%
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Ambiq Micro, Inc. Cash Conversion Engine

AMBQ · NYSE
Net Income-36.46M
Depreciation & Amortization7.21M
Stock-Based Compensation6.83M
Change in Working Capital3.47M
Others-753.00K
Capital Expenditures-1.34M
Free Cash Flow-21.03M

Cash Flow Quality Analysis

FCF Conversion Rate

57.7%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

-6.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+16.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$3.47M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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Ambiq Micro, Inc. Funding & Solvency Profile

AMBQ · NYSE
Cash & Cash Equivalents204.53M
Net Receivables10.97M
Inventory23.46M
Other Current Assets2.69M
Total Current Assets242 M
Property, Plant & Equipment6.00M
Goodwill & Intangible Assets11.46M
Long-Term Investments0.00
Other Non-Current Assets391.00K
Total Non-Current Assets6 M
Total Assets
259.52M

Financial Health Analysis

Current Ratio

11.70x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.10x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

221 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

93% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Ambiq Micro, Inc. Street Expectations Map

AMBQ · NYSE

Wall Street analysts project that AMBQ stock may decline over the coming 12 months. The consensus 1-year price target stands at 49.67, with estimates ranging from a low of 35.00 to a high of 70.00.

Lowest Target
35.00
-57.73%
Consensus Target
49.67
-40.01%
Highest Target
70.00
-15.46%

The consensus 1-year price target stands at 49.67, with estimates ranging from a low of 35.00 to a high of 70.00.

Analyst Consensus Analysis

Upside Potential

-40.0%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

70.5% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Risk-Reward Profile

0.27x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

Extreme uncertainty: Massive dispersion in price targets reflects fundamental disagreement on business trajectory. This could signal transformation, disruption, or complex valuation—requires deep sector expertise and contrarian mindset.

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Ambiq Micro, Inc. Insider Positioning

AMBQ · NYSE

During the last 12 months, insiders have sold $4.15M worth of AMBQ shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

49.0K

3.60M

Net Activity

-3.6M

-$3.60M

3-6 Months

Bought

0

0.00

Sold

17.8K

551.80K

Net Activity

-552K

-$552K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
WJG

Winzeler Jeffrey G

Officer: Chief Financial Officer

25.9K shares1 transactions

$1.81M

2
CT

Chen Timothy

Director

22.4K shares1 transactions

$1.77M

3
HSM

Hanson Scott Mclean

Director, Officer: Chief Technology Officer

10.0K shares1 transactions

$310K

4
TJA

Tautges Joseph A

Director

7.8K shares1 transactions

$242K

5
CMK

Connors Michele Kim

Officer: General Counsel

660 shares1 transactions

$17K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $4.15M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$3.60M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

AMBQ has not reported any dividend yield values in the available annual periods.

 

ambq Dividend History

AMBQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%